In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $6 per day, can produce 40

Question:

In Myanmar (formerly Burma), 6 laborers, each making the equivalent of $6 per day, can produce 40 units per day. In rural China, 10 laborers, each making the equivalent of $4 per day, can produce 45 units. In Billings, Montana, 2 laborers, each making $120 per day, can make 100 units. Based on labor costs only, which location would be most economical to produce the item?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: